NEW YORK, Nov. 29, 2017 /PRNewswire/ —
In keeping with the commitment to dynamically provide members with timely information WallStEquities.com has issued free tailored Stock Review on GST, GTE, AREX, and MRO which is a click away at www.wallstequities.com/registration. For today, WallStEquities.com scans Gastar Exploration Inc. (NYSE AMER: GST), Gran Tierra Energy Inc. (NYSE AMER: GTE), Approach Resources Inc. (NASDAQ: AREX), and Marathon Oil Corp. (NYSE: MRO). Independent Oil and Gas companies are exclusively engaged in the exploration and production segment of the industry, with no downstream marketing or refining within their operations. Sign up today for free and learn why our members refer to our research coverage as the ‘best out there’:
On Tuesday, shares in Houston, Texas-based Gastar Exploration Inc. recorded a trading volume of 809,229 shares. The stock ended the day at $0.83, declining 1.38% from the last trading session. The Company’s shares have advanced 10.84% in the past month and 44.38% in the previous three months. The stock is trading above its 50-day moving average by 4.72%. Furthermore, shares of Gastar Exploration, which engages in the exploration, development, and production of oil, condensate, natural gas, and natural gas liquids in the US, have a Relative Strength Index (RSI) of 50.24.
On November 08th, 2017, Gastar Exploration reported its results for the three months ended September 30th, 2017. Average daily production for Q3 2017 was 6,200 barrels of oil equivalent per day (Boe/d), net loss was $15.9 million, adjusted EBITDA was $10.4 million, and total Company revenues were $15.3 million. At September 30th, 2017, the Company had approximately $29.2 million in available cash and cash equivalents and $412.5 million of principal balance long-term borrowings outstanding. Signing up now gives you access to the free research coverage on GST at: www.wallstequities.com/registration/?symbol=GST
Gran Tierra Energy
Calgary, Canada headquartered Gran Tierra Energy Inc.’s stock rose 1.46%, finishing yesterday’s session at $2.08 with a total trading volume of 1.21 million shares. The Company’s shares have gained 5.58% over the previous three months. The stock is trading below its 50-day moving average by 4.12%. Additionally, shares of the Company have an RSI of 42.32.
On November 09th, 2017, Gran Tierra Energy announced that the Company and its indirect wholly owned subsidiary, Gran Tierra Energy International Holdings Ltd. (“GTEIH”), have entered into a share purchase agreement with PetroTal Ltd. and Sterling Resources Ltd., pursuant to which GTEIH has agreed to sell all of the